This paper is an attempt to trace the relationship between interest rates and rates of inflation in the economy of Bangladesh. In view of this, a time series approach is considered to examine the empirical evidence of Fisher's effect in the country. By applying OLS and Unit Root test, the...

It is customary that when security prices fully reflect all available information, the markets for those securities are said to be efficient. And if markets are inefficient, investors can use available information ignored by the market to earn abnormally high returns on their investments. In...

This study investigates the inter-temporal causal relationship between energy consumption and economic growth in Bangladesh during the period 1971-2007. This issue is of fundamental importance for the developing economy of Bangladesh. We use the Autoregressive Distributive Lag (ARDL) bounds...

The paper tries to find evidence supporting the impact of continuous policy reforms on the market efficiency on the Dhaka Stock Exchange (DSE). Different policies formed/reformed from 1994 to 2005 were categorized in eleven groups depending on their time of issue and subject matter. To get the...

Stock exchange and interest rate are two crucial factor of economic growth of a country. The impacts of interest rate on stock exchange provide important implications for monitory policy, risk management practices, financial securities valuation and government policy towards financial markets....

The paper examines the existence of the Purchasing Power Parity (PPP) theory for both Bangladesh and its two important trading partners - India and China. The PPP theory is an attempt to explain and perhaps more importantly measure statistically, the equilibrium rate of exchange and its...

Bangladesh suffers from a chronic deficit in her trade balance. The paper is an attempt to explore the imports of Bangladesh which is one of the most significant factors responsible for unfavorable trade balance of the country. The aim of the study is to intend some initiatives for an attempt to...